All the headlines from our New York Topic Page, ordered by recency.
Jan 14 2013 // A commission formed to examine ways to guard against storms like Sandy released a report Jan. 11 that calls for flood walls in subways, water pumps at airports and sea barriers along the coast.The final report was first...
Jan 14 2013 // American International Group Inc. has filed a lawsuit against a vehicle created by the Federal Reserve Bank of New York to help bail out the insurer, in a bid to preserve its right to sue Bank of America Corp .and other...
Jan 14 2013 // P/C Insurance Joint Industry Forum Jan 15 Waldorf Astoria Hotel, New York, NY Insurance Information Institute www.iii.org2013 Big ‘I’ Winter Meeting Jan 16-20 The Westin Mission Hills Resort & Spa, Rancho...
Jan 14 2013 // New York Gov. Andrew Cuomo announced last month that major banks and mortgage servicers have been instructed to take action to expedite insurance payments to New York homeowners in the wake of Sandy.Currently, insurance...
Jan 14 2013 // The newly elected officers of the National Association of Insurance Commissioners (NAIC) for 2013 assumed their duties on Jan. 1. They are: Louisiana Insurance Commissioner Jim Donelon as NAIC president; North Dakota...
Jan 13 2013 // New Jersey Transit incorrectly used federal government software that otherwise could have warned officials against a disastrous decision to leave hundreds of millions of dollars worth of equipment in a low-lying rail yard...
Jan 11 2013 // New York State Gov. Andrew Cuomo said this week his administration plans to introduce new legislation to continue to improve the workers’ compensation system and provide relief to thousands of businesses.N.Y. Gov....
Jan 11 2013 // New York Sen. Charles Schumer, D- N.Y., says the second part of the Sandy relief aid package includes as much as $1 billion to help homeowners deal with mold remediation.Workmen in Oceanside, N.Y., remove storm-damaged...
Jan 10 2013 // New York legislators have introduced a bill this week that seeks to cap the percentage-based hurricane deductibles for homeowners’ insurance or dwelling fire personal lines policy in New York State at $1,500.The New...
Jan 9 2013 // Zurich in North America (ZNA) has appointed Thomas Fioretti as chief risk engineering officer. He will be based in New York.In this role, Fioretti will be responsible for the ongoing development and delivery of risk...
Jan 9 2013 // Insurance brokerage and risk management firm Integro appointed Nick Trent as a principal in its property practice. He will be based in the firm’s New York office.Nick TrentTrent brings to Integro more than 23 years...
Jan 9 2013 // American International Group Inc., the insurer rescued by the U.S. government in 2008, said on Tuesday it is considering joining a lawsuit that claims the bailout terms were unfair, drawing angry condemnation from...
Jan 8 2013 // New York State’s NYS 2100 Commission, created by Gov. Andrew Cuomo in the wake of Hurricane Sandy to offer recommendations on ways to better prepare for natural disasters, is out with its initial report, including a...
Jan 8 2013 // American International Group Inc., the insurer rescued by the U.S. government in 2008 with a bailout that ultimately totaled $182 billion, may join a lawsuit against the government alleging the terms of the deal were...
Jan 8 2013 // New York Attorney General Eric Schneiderman cannot stop a $115 million settlement between American International Group Inc. shareholders and the insurer’s former chief executive and others, a U.S. judge ruled on...
Jan 8 2013 // Buffalo, N.Y.-based insurance wholesaler Russell Bond & Co. Inc. recently appointed Les Dalmata as senior broker operating from the Utica, N.Y. area.Les DalmataHis responsibilities include production of property,...
Jan 6 2013 // Even as Congress passed the first part of an aid package for victims of Superstorm Sandy, many victims seethed, wondering why it took so long.The $9.7 billion measure approved on Friday, Jan. 4, allows the National Flood...
Jan 4 2013 // Buffalo, N.Y.-based insurance wholesaler Russell Bond & Co. Inc. recently acquired Independent Garage and Towing Contractors Services Inc. (IGTC), also of Buffalo. IGTC is a nationwide insurance purchasing group...
Jan 4 2013 // New York State Police say they issued more than 33,000 traffic tickets and arrested 538 people for driving while intoxicated statewide in a campaign that began Dec. 14 and continued through the holidays until Jan. 1. Part...
Jan 3 2013 // The figures for natural catastrophse that occurred in 2012 are “dominated by weather extremes in the USA,” according to a report from Munich Re. The reinsurers said the U.S. “accounted for a higher...